[TUTORIAL] How to make money on the stock exchange and do not lose.
Yesterday a few people asked me a question:
Where and how trade on BTC / LTC / ETH etc.
My currency is PLN and I play on it.
#1 =You must have accounts on several exchanges:
1.Poloniex (Global) LINK
2.Bittrex (Global) LINK
3.CryptoX (Polish) LINK
4.BitBay (Polish) LINK
5.BitMarket (Polish) LINK
(No Refflinks)
#2 = Choose the Crypto you want to play!
I choose LTC for this post
#3 = Compare prices (assuming you buy BTC for 9150 PLN )
1.Price on Poloniexie:
You ask why there is 9150 in Amount? Below TOTAL is the price for which you buy LTC. But to not be so beautiful to this price you have to add all the commissions you pay.
Example:
140,76 + 0.15% (Fee BitMarket - Maker) or 0,45% (Fee BitMarket - Taker) x2 (Why x2? - because we REMEMBER that we are starting and ending with PLN). + next 0,15% Fee Maker Poloniex
The above calculation gives us the final price: 141,39
Price comparison on PL exchanges:
BitMarket:
BitBay:
So we will not earn the exchange: PLN->BTC->LTC->PLN
But maybe try the other way?
If you buy LTC On the exchanges at 137 zł + Fee Maker 0,15% = 137,20 + 0,25 Fee Taker at Poloniex = 137,54 PLN
Price on Poloniex is 140,76 - 137,54 = +/- 3,21 profit.
THIS IS NOT INVESTMENT TREATMENT
Sorry for my english - this is my first post for a long time :)
true Hero of our time, enlightning our faces in order to help small folks earn. even a little
Thanks :)